National Geographic : 1912 Oct
Showing the general topography, arrangement of buildings, and the careful manner of preparing seed bed on the "home" Broadmead Farm. WE OWN AND OFFER $110,000 First Mortgage Farm Land Bonds (Secured by a Large Farming Tract Located 18 Miles from the Capital of Oregon) To Yield 6% $10,000 due July 1, 1914 $20,000 due July 1, 1917 $10,000 due July 1, 1915 $25,000 due July 1, 1918 $20,000 due July 1, 1916 $25,000 due July 1, 1919 Total Issue Authorized and Outstanding, $10,000o. Interest January Ist and July Ist. Any or all bonds maturing after July I, 1914, may be redeemed on that date, or on any interest date thereafter, at 102 and accrued interest, upon thirty days' published notice. TRUSTEES: Newton F. Hawley and Edward P. Wells, of Minneapolis. SUMMARY I. Closed first mortgage of $IIo,ooo secured by 2,300 acres of intensively cultivated and highly productive land. 2. Land lies in famous Willamette Valley of Oregon-convenient to Portland and Salem, and having two railroad stations on the farm. 3. Every acre of the land can be profitably farmed. 4. Value of security over 22 times the amount of loan. Market value of similar land about $150 per acre. 5. Not irrigated-annual rainfall of 40 inches being sufficient. 6. Bonds guaranteed as to principal and interest by personal endorsement by officers and directors of the issuing Company, whose aggregate wealth is reported to be over three quarters of a million dollars. 7. The Trustees are Mr. N . F. Hawley, who is Treasurer of the Farmers & Mechanics Savings Bank of Minneapolis, and Mr. E . P. Wells, President of Wells & Dickey Company. 8. This tract of land examined in person by Mr. O. M. Corwin, Vice-President of Wells & Dickey Company. 9. We recommend these bonds to investors. Price, Par and Accrued Interest, to Yield 6% Special Circular "N" upon request McKNIGHT BUILDING Wells & Dickey Company MINNEOS INESOTA Established 1878 Capital and Surplus, $750,000 "Mention the Geographic-It identifies you."